Michael Andrew Call - Mar 1, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: Director
Signature: /s/ Mark Jackson, attorney in fact
Stock symbol: KDP
Transactions as of: Mar 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/3/2023, 03:27 PM
Previous filing: Feb 23, 2023
Next filing: Mar 6, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KDP	Restricted Stock Unit	Award	$0	+4.83K		$0.00	4.83K	Mar 1, 2023	Common Stock	4.83K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Subject to certain vesting conditions and exceptions, these restricted stock units vest on March 1, 2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2	The Reporting Person is an officer of Mondelez International, Inc. (Mondelez International) and as of the date of the grant, served on the Board of Directors of the Issuer as a nominee of Mondelez International, a stockholder of the Issuer. The Reporting Person has agreed that he will not receive any separate compensation for serving on the Board of Directors of the Issuer and will transfer to Mondelez International any director compensation he receives from the Issuer, including any awards made pursuant grants of restricted stock units. The Reporting Person disclaims beneficial ownership of such restricted stock units except to the extent of his pecuniary interests therein and this report shall not be deemed that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Content

Subject to certain vesting conditions and exceptions, these restricted stock units vest on March 1, 2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The Reporting Person is an officer of Mondelez International, Inc. (Mondelez International) and as of the date of the grant, served on the Board of Directors of the Issuer as a nominee of Mondelez International, a stockholder of the Issuer. The Reporting Person has agreed that he will not receive any separate compensation for serving on the Board of Directors of the Issuer and will transfer to Mondelez International any director compensation he receives from the Issuer, including any awards made pursuant grants of restricted stock units. The Reporting Person disclaims beneficial ownership of such restricted stock units except to the extent of his pecuniary interests therein and this report shall not be deemed that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.